PFM Buys Evensen Dodge

Walker, Susanne
May 2003
Bond Buyer;5/6/2003, Vol. 344 Issue 31629, p1
Trade Publication
Public Financial Management Inc.(PFM), ranked number two nationally among financial advisers, has acquired Evensen Dodge Inc., an independent Minnesota-based advisory firm. The acquisition, which closed on May 2, 2003, will enable PFM to expand in areas such as Minnesota, Wisconsin, North Dakota and Iowa, where Evensen Dodge has a strong client base. In Minnesota, Evensen in 2002, ranked third with more than 1 billion dollar of deals and PFM ranked seventh with 154 million dollars, according to Thomson Financial Inc. The firm was the top-ranked North Dakota financial adviser. Evensen is ranked second in Iowa compared to PFM at fourth, and is in the top five in Missouri and Wisconsin, far above PFM.


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